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Sprint CEO Dan Hesse on shaky ground

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Wednesday, 14 March 2012

Sprint CEO Dan Hesse on shaky ground

According to The Wall Street Journal
Sprint CEO Dan Hesse is on shaky ground with the company's board of
directors. Earlier this year the board ended up voting down the
acquisition of MetroPCS and the board is now taking a more active role
in the decisions Sprint makes as a company. "You don't see this sort of
knifing when an exec is secure in his job," said The Wall Street
Journal. Over the past five years Sprint has been in the red, and
investors have serious concerns if the No. 3 company can compete with
rivals AT&T and Verizon Wireless.